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Regency Centers settles forward-sale agreement with J.P. Morgan affiliate

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Regency Centers settles forward-sale agreement with J.P. Morgan affiliate

Regency Centers Corp. settled its forward-sale agreement with a J.P. Morgan affiliate, in connection with its March 2016 offering of 3.1 million shares.

Upon settlement of 1,250,000 shares of its common stock, Regency Centers received net proceeds of roughly $89.1 million. Regency Centers will use the proceeds to fund possible future acquisitions and for general corporate matters.